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CONDENSED DISPATOREL The Farmers' bank of Moscow, Idaht, has suspended payment. At the San Francisco races Thursday the winners were: Five furlongs, ita, 1:10 1-2; five furlongs, Beifast, 13 five furlongs, Lawyer, 1:09 1-2; seven furlongs, Realization, 1:37 1-4; five furlongs, Primanda, 1:10.
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FARMERS' BANK OF MOSCOW CLOSED Unable to Meet an Unexpected Demand for $12,000. Moscow. Idaho, Dec. 31.-The Farmers' bank was closed this afternoon by the Security Trust and Savings Co. of Portland placing an attachment for $12,000. The bank officials had understood that the loan would be carried until next fall. The collateral put up was declared unsalisfactory and the bank could not meet the unexpected demand. A receiver will be appointed in a few days.
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NEW CITY TREASURER. Moscow's Common Council Displaced Williams and Elected Brune. Moscow, Jan. 26.-The city treasury matter, which every one regarded as settled for a time at least, took a new turn at the council meeting Thursday evening. Saturday evening Treasurer Williams turned over the warrants which he had redeemed, and the securities which he offered were referred to Councilmen Hodgins, Matthews and West to report upon Thursday evening. Williams left for Boise Sunday. Thursday evening Councilman Matthews stated that Mr. West was absent, as he had been summoned to appear before Judge Piper upon petition of Receiver Headley of the Farmers' bank and show cause why he should not turn over the notes in his possession to the receiver as the property of the bank. He also stated that bond interest coupons, aggregating $900, were at the First National bank for collection, which Williams reported paid, and with which he was credited in his report. After an informal discussion. Councilman Cornwall made a motion, which Councilman Hodgins seconded, to declare the office vacant. All the councilmen present voted in favor of the motion. Mayor McCartor then nominated C. M. Brune, and he was promptly confirmed. Mr. Brune is the cashier of the Moscow National and has been deputy treasurer since the additional bonds were furnished by the two city banks, a fortnight since. The council will meet again Monday night. Councilman West came in after the question had been decided and protested against the action as unwarranted and illegal. George W. Goode, Williams' attorney, while unwilling to state his probable action in the matter, declared the course of the council illegal, and that Williams was still city treasurer.
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NEW CITY TREASURER. Moscow's Common Council Displaced Williams and Elected Brune. Moscow, Jan. 26.-The city treasury matter. which every one regarded as settled for a time at least, took a new turn at the council meeting Thursday evening. Saturday evening Treasurer Williams turned over the warrants which he had redeemed. and the securities which he offered were referred to Councilmen Hodgins, Matthews and West to report upon Thursday evening. Williams left for Boise Sunday. Thursday evening Councilman Matthews stated that Mr. West was absent, as he had been summoned to appear before Judge Piper upon petition of Receiver Headley of the Farmers' bank and show cause why he should not turn over the notes in his possession to the receiver as the property of the bank. He also stated that bond interest coupons, aggregating $900, were at the First National bank for collection, which Williams reported paid. and with which he was credited in his report. After an informal discussion. Councilman Cornwall made a motion, which Councilman Hodgins seconded, to declare the office vacant. All the councilmen present voted in favor of the motion. Mayor McCartor then nominated C. M. Brune, and he was promptly confirmed. Mr. Brune is the cashier of the Moscow National and has been deputy treasurer since the additional bonds were furnished by the two city banks, a fortnight since. The council will meet again Monday night. Councilman West came in after the question had been decided and protested against the action as unwarranted and illegal. George W. Goode, Williams' attorney, while unwilling to state his probable action in the matter, declared the course of the council illegal. and that Williams was still city treasurer.